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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Faith Residence Apartments Inc.

Faith Residence Apartments Inc.

Fiscal year ending 2020. Filed on August 4, 2021.

337 S Meridian Street
Belle Plaine, Minnesota 56011

Faith Residence Apartments Inc. (EIN: 20-0423817) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Faith Residence Apartments Inc., a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $292,726. The highest compensated employee at Faith Residence Apartments Inc. is Michael Klatt with fiscal year 2020 compensation of $292,726.

Revenue, expenses, and employee compensation

Revenue

$78,281

Expenses

$103,975

Employee compensation

$18,628
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Klatt
Former President
$292,726
$0 $275,306 $17,420

Benchmark Employee Compensation

Non-Employee Board Members

Chris Meyer
President
Mr David Oldenburg
Director
Mr Jeff Davis
Director
Mr Jeff Schmidt
Director
Mr Jon Maertz
Director
Mr Lance Schwartz
Secretary
Mr Lowell Hoffman
Chair
Mr Randy Nieman
Director
Mr Tim Schuth
Treasurer
Mr Wayne Larson
Director
Rev Dr Bruce Becker
Director
Rev Mathew C Rauh
Vice Chair

Mission Statement

TO SHARE CHRIST'S LOVE AS WE SERVE THE SPIRITUAL, PHYSICAL, INTELLECTUAL AND EMOTIONAL NEEDS OF PEOPLE ENTRUSTED TO OUR CARE AND OTHERS WHOSE LIVES WE TOUCH.

Revisions to this organization profile

August 6, 2025:
2024 Faith Residence Apartments Inc. 990 filed
August 7, 2024:
2023 Faith Residence Apartments Inc. 990 filed
July 26, 2023:
2022 Faith Residence Apartments Inc. 990 filed

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